20504 Front Beach Rd Panama City, FL 32413

This exceptional Class A, two-story single-family home located at 20504 Front Beach Rd, Panama City, FL 32413, presents a lucrative investment opportunity. Boasting 2,180 square feet on a 7,200 square foot lot, this fully remodeled (2024) property offers unparalleled beachfront living. The asking price is $1,897,000, translating to a compelling price per square foot of $870.18 and a remarkable price per unit given its single-unit configuration. Projected net operating income (NOI) stands at $175,000, yielding a strong 9.23% capitalization rate. This net lease investment is ideal for discerning buyers seeking high returns in a prime location. The property's superior condition and desirable beachfront location in Bay County ensure strong rental demand and potential for significant appreciation. Don't miss this chance to acquire a high-performing asset in a thriving market. This is a turnkey investment ready to generate immediate income.